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Money & The Economy
Inflation Fears Surge As Economic Expectations Plunge
Americans grew more pessimistic about the economy in September as inflation expectations surged and consumers braced for higher fuel prices…
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Money & The Economy
Apartment Owners Face Refinancing Squeeze As $297,000,000 Billion In Debt Comes Due
Hundreds of billions of dollars in apartment debt is coming due as property owners confront higher borrowing costs, weaker rents…
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In The News
DoorDash Agrees To Fork Over $130,000,000 After Admitting It ‘Screwed Up’ By Not Paying Workers
DoorDash agreed Tuesday to pay New York City $131.5 million after an investigation found the delivery giant underpaid, failed to…
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Money & The Economy
Prediction Market Biz Asks Regulator To Let Traders Bet With Borrowed Money. What Could Possibly Go Wrong?
Prediction market giant Kalshi asked federal regulators to let institutional traders use borrowed funds on event contracts, potentially pushing the…
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Science, Technology, and Social Media
AMD Cracks $1 Trillion As AI Frenzy Sends Chip Stocks Soaring
Advanced Micro Devices briefly crossed $1 trillion in market value for the first time Monday as renewed enthusiasm for artificial…
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Money & The Economy
Mexico Moves To Buy American, Box Out China In USMCA Push
Mexico pledged Monday to buy more American goods and curb Chinese imports as it sought a trade deal with the…
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In The News
Hollywood Giant Reportedly Considering Exit From California To Tennessee
Paramount Skydance was reportedly shopping for office space in Nashville, Tennessee, as the Hollywood giant weighed shifting operations out of…
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Money & The Economy
Here’s What Fed Rate Hike Means For Your Wallet
The Federal Reserve’s Wednesday interest-rate hike could make carrying credit-card balances and taking out some new loans more expensive, while…
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Money & The Economy
Mortgage Rates Rocket Above 7% Just Months After Falling Below 6%
American homebuyers are facing sharply higher borrowing costs after a widely watched mortgage rate measure surged above 7% Tuesday, reversing…
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In The News
Liberal Strongholds Home To America’s Stingiest Tippers
Some of America’s most liberal jurisdictions are home to the country’s stingiest restaurant tippers. California, Washington state and Washington, D.C.,…
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In The News
AI Might End Badly — But Here’s Some Short-Term News To Brighten Your Day
A wave of doomsday warnings about artificial intelligence (AI) is overshadowing a short-term bright spot: the technology appears to be…
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Money & The Economy
Stocks Take Dip As Industry Leaders Sound Alarm Over AI Moving Too Fast
Tech stocks fell Monday after some of the most prominent executives behind the artificial intelligence (AI) boom warned that the…
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Money & The Economy
Homebuyers, Consumers About To Pay Even More As Key Indicator Reaches Grim Milestone
A key benchmark for borrowing costs across the U.S. economy crossed 5% Monday, reaching a level the instrument has not…
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Money & The Economy
State Treasurer Sounds Alarm About Americans’ Retirement Money ‘Lost In The Either’
More than $1 billion in retirement checks owed to Americans are sitting unclaimed as state financial officials push President Donald…
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Money & The Economy
Scott Bessent Dares Traders To Bet Against His Yen Gambit
Treasury Secretary Scott Bessent dared currency traders to bet against his efforts to strengthen the Japanese yen Tuesday, arguing his…
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